Cheap Apartments for Rent in Monroe County, IL from $975 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monroe County.

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503-505 Park St
1 to 2 Bedroom Apartments

503-505 Park St

503-505 Park StWaterloo, IL 62298
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Edelweiss Apartments
2 Bedroom Apartments

Edelweiss Apartments

251 Veterans PkyColumbia, IL 62236
  • Utilities Included
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309-311 Front St
1 Bedroom Apartments

309-311 Front St

309-311 Front StWaterloo, IL 62298
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108 Hawthorne Pl
2 Bedroom Apartments

108 Hawthorne Pl

108 Hawthorne PlColumbia, IL 62236

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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109 Hawthorne Pl
2 Bedroom Apartments

109 Hawthorne Pl

109 Hawthorne PlColumbia, IL 62236
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106 Hawthorne Pl
2 Bedroom Apartments

106 Hawthorne Pl

106 Hawthorne PlColumbia, IL 62236
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105 Hawthorne Pl
2 Bedroom Apartments

105 Hawthorne Pl

105 Hawthorne PlColumbia, IL 62236
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Valmeyer Senior Apartments
1 to 2 Bedroom Apartments

Valmeyer Senior Apartments

112 E Woodland RdgValmeyer, IL 62295
Senior Living
  • Utilities Included
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Bella Vista Senior
1 to 2 Bedroom Apartments

Bella Vista Senior

103 Debra LnWaterloo, IL 62298
Senior Living

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cheapest Available Monroe County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Storyboard on MainMain B12BR,1BA$1,199

Best Value Apartments for Rent in Monroe County, IL

As of September 01, 2026 the best value apartment in the Monroe County area is the $1.17 price per square foot 404 Flower St Model at 404 Flower St, Unit 404 Flower in the in the Metro East neighborhood starting from $1,500. The second greatest value Monroe County apartment is the Main B1 Model at Storyboard on Main starting at $1,199 with a $1.26 price per square foot in the Columbia neighborhood. Here is today’s list of the best values for Monroe County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
404 Flower St, Unit 404 Flower404 Flower St3BR,2BA$1.17
Storyboard on MainMain B12BR,1.5BA$1.26

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.